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Melbourne Cup Day (holiday in Victoria), US Election Day, RBA Meeting Day and we have the FOMC this week, US Jobs numbers, the US results season and our own bank sector results season - a busy week. Our market up over 70 today on the 84% chance of a rate cut factored into the futures market with hopes for $100bn worth of bond buying to be announced as well. We cover the WBC results, the virus and election headlines, have charts of our market and the Us market in the strategy section and an article about Bookies in the newsletter. A quiet afternoon expected. Traders will be waking up as we near the bottom of the trading range and the US election uncertainty could be replaced with a Trump free sentiment lift. A busy week.
CLICK HERE to sign up for a free trial of the Marcus Today newsletter including our daily STRATEGY PODCAST
Melbourne Cup Day (holiday in Victoria), US Election Day, RBA Meeting Day and we have the FOMC this week, US Jobs numbers, the US results season and our own bank sector results season - a busy week. Our market up over 70 today on the 84% chance of a rate cut factored into the futures market with hopes for $100bn worth of bond buying to be announced as well. We cover the WBC results, the virus and election headlines, have charts of our market and the Us market in the strategy section and an article about Bookies in the newsletter. A quiet afternoon expected. Traders will be waking up as we near the bottom of the trading range and the US election uncertainty could be replaced with a Trump free sentiment lift. A busy week.
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